According to the Wall Street Journal, House Speaker Nancy Pelosi is penning a multi-trillion dollar coronavirus relief package which will include a $750 billion bailout for states that have been poorly run, mostly by Democrats.
The Speaker is not allowing Republican lawmakers to help on the bill.
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Check out what the Daily Wire reported:
The aid package, which would be the fourth coronavirus aid package issued in just under three months — only weeks after the $2.2 trillion CARES Act — is focused on providing what Democrats believe are “much needed” funds to states and cities laboring under massive debt, according to the Wall Street Journal, but Republicans caution that federal legislators might be trying to bail out their suffering state colleagues, many of whom are trying to erase debt that long predates the coronavirus pandemic
Republicans, led by Senate Majority Leader Mitch McConnell (R-KY), say they will not consider yet another massive spending bill until they can be sure the now-shaky American economy won’t suffer more damage as a result.
But Pelosi does not appear to be taking Republican advice into consideration, and Republican lawmakers say they have yet to be consulted, let alone invited to collaborate, on Pelosi’s gargantuan bill.
“Bipartisan meetings, which have driven previous aid bills toward passage, are on pause,” the Wall Street Journal reports. “Larry Kudlow, a top economic adviser to Mr. Trump, said Friday that formal negotiations over the next coronavirus relief package wouldn’t resume until late May or early June.”
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“We’ve really not been invited into those discussions yet,” said a Republican legislator.
The state bailouts will be the center piece for the bill even though republicans have made it clear that they will not be supporting state bailouts considering most of the bailouts would be for blue states that have been mismanaged by Democratic leaders for years.
One poorly run state for example is New York who is ran by Democrat Andrew Cuomo. The governor has stated that he will be asking Congress for a bailout which comes from high Medicaid as well as the fact that millions of people are leaving New York due to high taxes.
Illinois has a similar problem.
“Illinois Senate President Don Harmon last week sent a plea for a $41.6 billion federal bailout to his state’s Democratic Congressional caucus,” the WSJ reported. “He wants $15 billion in no-strings-attached cash; $6 billion for the state’s unemployment trust fund; $10 billion for pensions; and $9.6 billion in unrestricted aid for cities including Chicago and its unreformed pensions.”
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